Avix Technologies Inc
Avix Technologies, Inc. engages in the packaged foods and condiments business. It is also involved in the research and development of food products; and sale of wholesale and retail of seafood. The company was founded in 2013 and is based in Las Vegas, Nevada.
Avix Technologies Inc (AVIX) - Net Assets
Latest net assets as of March 2018: $2.01 Million USD
Based on the latest financial reports, Avix Technologies Inc (AVIX) has net assets worth $2.01 Million USD as of March 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.17 Million) and total liabilities ($160.90K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.01 Million |
| % of Total Assets | 92.59% |
| Annual Growth Rate | -2.31% |
| 5-Year Change | -55.66% |
| 10-Year Change | N/A |
| Growth Volatility | 156.47 |
Avix Technologies Inc - Net Assets Trend (2000–2020)
This chart illustrates how Avix Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Avix Technologies Inc (2000–2020)
The table below shows the annual net assets of Avix Technologies Inc from 2000 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $820.30K | -42.65% |
| 2019-12-31 | $1.43 Million | -27.65% |
| 2018-12-31 | $1.98 Million | -0.57% |
| 2017-12-31 | $1.99 Million | +7.46% |
| 2016-12-31 | $1.85 Million | +6.04% |
| 2015-12-31 | $1.74 Million | +418.25% |
| 2014-12-31 | $336.65K | -74.28% |
| 2000-12-31 | $1.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avix Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 314800200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $35.42K | 4.32% |
| Other Comprehensive Income | $-35.42K | -4.32% |
| Other Components | $3.25 Million | 395.81% |
| Total Equity | $820.30K | 100.00% |
Avix Technologies Inc Competitors by Market Cap
The table below lists competitors of Avix Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artificial Life Inc
PINK:ALIF
|
$0.96 |
|
Tradestar Resources Corporation
PINK:TSRR
|
$0.96 |
|
FG Fitness & Media Group Inc
OTCGREY:FGFT
|
$0.96 |
|
Supurva Healthcare Group Inc
PINK:SPRV
|
$0.96 |
|
SFLMaven Corp
PINK:SFLM
|
$0.96 |
|
Medican Enterprises
PINK:MDCN
|
$0.96 |
|
Snoogoo Corp
PINK:SGOO
|
$0.96 |
|
Canopus BioPharma Incorporated
PINK:CBIA
|
$0.96 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avix Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 1,430,294 to 820,296, a change of -609,998 (-42.6%).
- Net loss of 230,248 reduced equity.
- Other factors decreased equity by 379,750.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-230.25K | -28.07% |
| Other Changes | $-379.75K | -46.29% |
| Total Change | $- | -42.65% |
Book Value vs Market Value Analysis
This analysis compares Avix Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $130878.30 | $0.00 | x |
| 2015-12-31 | $0.05 | $0.00 | x |
| 2016-12-31 | $0.05 | $0.00 | x |
| 2017-12-31 | $0.06 | $0.00 | x |
| 2018-12-31 | $0.06 | $0.00 | x |
| 2019-12-31 | $0.04 | $0.00 | x |
| 2020-12-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avix Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -28.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-28.07%) is below the historical average (-26.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -268.58% | -76.68% | 1.41x | 2.49x | $-3.65 Million |
| 2014 | 94.69% | 0.00% | 0.00x | 1.19x | $285.09K |
| 2015 | -16.16% | -36.45% | 0.42x | 1.06x | $-456.38K |
| 2016 | 4.56% | 14.26% | 0.29x | 1.08x | $-100.63K |
| 2017 | 6.18% | 13.82% | 0.41x | 1.08x | $-75.88K |
| 2018 | -1.11% | -3.12% | 0.35x | 1.02x | $-219.57K |
| 2019 | -0.95% | -21.06% | 0.04x | 1.02x | $-156.60K |
| 2020 | -28.07% | 0.00% | 0.00x | 1.02x | $-312.28K |
Industry Comparison
This section compares Avix Technologies Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avix Technologies Inc (AVIX) | $2.01 Million | -268.58% | 0.08x | $0.96 |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |